Crypto Fund Trader has taken a step towards greater transparency by sharing the Passing the Challenge rates for traders undergoing evaluations across different account sizes. This move provides aspiring traders with a clear understanding of the expectations set by the firm and offers benchmarks for achieving proficiency in trading.
Insight into Passing Rates by Account Size
The disclosed rates reveal insights into the success rates of traders based on the evaluation account sizes they select:
- A $5,000 evaluation account sees a pass rate of 10.37%, setting a high standard for entry-level participants.
- For a $10,000 evaluation account, the pass rate increases to 12.60%, indicating that a larger capital base correlates with improved trading performance.
- Traders undertaking a $100,000 evaluation account have a pass rate of 15.50%, highlighting the necessity for advanced risk management and market analysis skills.
- The highest disclosed account size of $200,000 has a pass rate of 14.19%, underscoring the challenge of managing significant capital with expertise.
By releasing these statistics, Crypto Fund Trader aims to foster a well-informed community where traders can realistically assess the challenges associated with varying levels of evaluation accounts.
Transparency and Community Integrity
This initiative by Crypto Fund Trader to share Passing the Challenge rates is a testament to the firm’s dedication to transparency. It helps traders to set realistic expectations and strategies for their evaluations, thereby enhancing the integrity and understanding within the trading community.
About Crypto Fund Trader
Located in Navarra, Spain, and led by CEO Alan Sánchez, Crypto Fund Trader (RLCRATES, S.L.) offers traders the opportunity to showcase their skills through two distinct evaluation types. Partnered with a tier-1 liquidity provider, the firm ensures that its traders experience the best simulated real market trading conditions, setting a foundation for success in the competitive world of cryptocurrency trading.
